Skip to main content

About your Search

20121205
20121213
Search Results 0 to 2 of about 3
. when it comes to the fiscal cliff, you have to go back to that quickly. are you going to be there on december 31st at 11:59 voting on a deal or will there be something beforehand? >> all of the commentators seem to think there is going to be a deal. i don't know. the republicans seem to be caving in or beginning to set the door to cave in on agreeing to some tax rate increases. but a deal that says what some people are talking about will increase the tax rates to not as much as they were under clinton. and return will put a limit on cost of living increases for social security, will increase the eligibility age for medicare. as the republicans are demanding is not an acceptable compromise as far as i'm concerned. you have a lot of democrats voting against any such agreement. >> eliot: you are raising the critical issue that has not gotten any substantial and necessary attention as it should which is what will the cost-cutting be. where will it come from? how will entitlements be affected if at all and wh
. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> cc >> with all the hysteria over the fiscal cliffs, there was euphoria when john boehner puts fort a proposal. his proposal fails every test. let's not forget, the deficit isn't the biggest problem. it's the lack of demand and equity in our distribution of income, two little data points we shouldn't forget. 93% of the in jump added in the 2010 went to the top 1% and wages are the lowest they've ever been. it's simply not fair. for ideas to solve the problems and the deficit at the same time, bob rob an and larry summers suggested some away raise capital gains taxes. lets stop giving capital preferences over earned income. it's only fair and right. it won't solve the problem but will go a long way. back to john boehner. he doesn't say anything about this, because he refuses to raise rates. it can only be because he refuses to see the real problem. joining me now congressman thank you for joining us as always. >> thank you. am i right about the boehner proposal and what the underlying problems are. >> you are. also it's also true with the boehner proposal is it's not specific. he mak
thing everyone in the so-called fiscal cliff negotiations agree on is the tax cuts should remain in the middle class. because john boehner refuses to bring any proposal to the floor unless his own party sports it, there is yet to be a vote in the house. i had a chance to discuss this ridiculous state of affairs with congressman chris van hollen earlier today. he had an answer for that crazy situation. >> the issue of the fiscal slope, what is the "state of play" right now. how do you assess the two positions? >> well, things remain in the air still. the president supported a very specific plan. you had speaker boehner come forward with something on paper but a lot less than met the eye he was not specific at all how he would get the revenue or the cuts. i guess the good news is in the last 24 hours they've talked on the telephone the speaker and president. we've got a long way to go. >> eliot: it presumes toward the end there will be some sort of compromise that kicks the can down the road. there is a procedural technique something called a motion to discharge that would permit t
Search Results 0 to 2 of about 3